Which types of FX Options does Cornèrtrader offer?

You can trade FX OTC options from the Trade ticket in the Option tab or in the Option Chain module.

You can either buy or sell Forex options at CornèrTrader.

FX Vanilla Options

A Vanilla option is a derivative financial instrument that gives the buyer the right, but not the obligation, to either buy ("Call") or sell ("Put") a predefined notional amount of a currency cross at a pre-defined price ("Strike price") at a predefined date in the future (“Expiry date”). The seller of the option has a corresponding obligation to fulfil the transaction should the buyer decide to “exercise” his right.

Please note that short positions in Vanilla options carry more risk than long positions as the potential loss is not limited. When holding a long position in an option, the potential loss is limited to the premium paid.